Tuesday, October 01, 2019 10:04:59 AM
First off, relative to the ongoing conversation yesterday regarding LLoyd Miller III, a larger CACH Shareholder, Renee shared a link showing a SEC 13G/A filing by Mr. Miller and expressed as fact that he dumped his shares, yet a form 13 G/A is merely used to report a change in ownership in a company, and how filing one isn't necessarily based on selling one's position explained in the link below:
Per: https://rsmus.com/pdf/is_section-382-analyses.pdf
I further wish to add that this law article also encompasses how NOL's and rule 382 apply and I recommend everybody read this as it is only two pages and provides a great deal of information in a rather simple format..
One can further see in the two links below that LLoyd Miller
in fact, did not sell shares:
If you read the top of this list, it clearly states:
CACH is listed third from the bottom of the table and it is NOT highlighted in Red.
https://fintel.io/i/miller-lloyd-i-iii
Per:https://fintel.io/soh/us/cachq/miller-lloyd-i-iii
CACH announced it had filed Bankruptcy on Feb 2, 2015
Per: https://www.globenewswire.com/news-release/2015/02/04/702940/10118599/en/CACHE-Inc-Files-for-Chapter-11-Continues-to-Seek-Strategic-Partner.html
I will post more DD as the day progresses...Need coffee....LOL
“The person who risks nothing, does nothing, has nothing, is nothing, and becomes nothing. He may avoid suffering and sorrow, but he simply cannot learn and feel and change and grow and love and live.”~Leo Buscaglia
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